GDP Constant Prices in Philippines increased to 4825185 PHP Million in the fourth quarter of 2020 from 4141589.PHP Million in the third quarter of 2020. source: National Statistics Office of Philippines

GDP Constant Prices in Philippines averaged 1588762.32 PHP Million from 1981 until 2020, reaching an all time high of 5260227.94 PHP Million in the fourth quarter of 2019 and a record low of 487413.68 PHP Million in the third quarter of 1985. This page provides - Philippines GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP Constant Prices - values, historical data and charts - was last updated on February of 2021.

GDP Constant Prices in Philippines is expected to be 4669472.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Philippines to stand at 4448363.00 in 12 months time. In the long-term, the Philippines GDP Constant Prices is projected to trend around 4848716.00 PHP Million in 2022 and 5285100.00 PHP Million in 2023, according to our econometric models.

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Philippines GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
4825185.00 4141589.00 5260227.94 487413.68 1981 - 2020 PHP Million Quarterly
Constant Prices, NSA

Philippines GDP Last Previous Highest Lowest Unit
GDP Growth Rate 5.60 8.00 8.00 -14.90 percent [+]
GDP Annual Growth Rate -8.30 -11.40 12.40 -16.90 percent [+]
GDP 376.80 346.84 376.80 4.40 USD Billion [+]
GDP Constant Prices 4825185.00 4141589.00 5260227.94 487413.68 PHP Million [+]
Gross National Product 4782915.81 4644991.71 5166622.67 944320.00 PHP Million [+]
Gross Fixed Capital Formation 1029629.31 828760.44 1072932.66 163357.69 PHP Million [+]
GDP per capita 3337.70 3190.80 3337.70 1100.00 USD [+]
GDP per capita PPP 8908.20 8516.10 8908.20 4006.70 USD [+]
GDP From Agriculture 519641.00 404988.00 519641.00 114778.44 PHP Million [+]
GDP From Construction 326571.00 23906.00 3089208.00 23906.00 PHP Million [+]
GDP From Manufacturing 974013.00 686319.00 974013.00 252377.26 PHP Million [+]
GDP From Mining 30929.00 24796.00 43890.00 10394.10 PHP Million [+]
GDP From Public Administration 249426.00 212911.00 255111.00 43289.41 PHP Million [+]
GDP From Services 2830158.00 2626277.00 2830158.00 675416.60 PHP Million [+]
GDP From Transport 135648.00 118961.00 168036.00 34827.71 PHP Million [+]
GDP From Utilities 143873.00 167303.00 167303.00 42117.43 PHP Million [+]